As we start 2014 everyone has a lot of optimism for what it brings. This is a great time of year to lay down plans and create ideas for activities and events for the up coming year. Each year we do this, knowing that not all of these will occur, however our understanding is that we could do these resolutions if we so wished.

The same is true for entrepreneurs, when we create busineses we know that not all of them will be sucessful and failure will provide us with the opportunity to learn. We know that this puts back into a new “year” enterprise start whereby we can move forward again. Each start-up is like a new year, we set down plans, work them through, knowing that not all of these plan are right, will happen and we will have the time to succeed.

Our traditions provide us with the stability of knowing something is right, having been done for many years. Businesses have been formed for hundreds of years, each year some have failed, so allow these failures to create better understanding of business, starting an enterprise and also your skills in entrepreneurship.

The holiday period is a time for reflection and this time is important in many ways. Its a chance to socialize with new and old friends, meet the family and grow as people. The important thing about failure is the learning it provides, without which we can not tune our skills and refine our plans and processes.

So as we start 2014, just remember its ok to fail as log as you can learn from it.